Models that incorporate qualitative factors such as social risk--threats that emanate from individuals, communities, activist networks and extremist groups in the form of litigation, protests, strikes and violence--allow companies to use insurance as a mechanism to improve investment decisions and operations.

Determinant factors (quantitative factors): some factors as the size of the item to be judged, sum of assets, sum of incomes, average sums of assets and incomes, amount of net profit, amounts of equities, the main capital and the main classes dependent on the being judged item in financial statements are the most important qualitative factors in determination of the materiality level of the auditory.

To evaluate alternatives A, B, C and D with respect to each covering qualitative factor at the lowest level in the model, we used the increasing linear function with the lowest value 1 and the highest value 5.

Under ASU 2010-28, companies with reporting units with a zero or less carrying value are required to skip the first step of the impairment test and conduct the second step when qualitative factors indicate that it is more likely than not that the reporting unit has sustained a goodwill impairment loss (ASC 350-20-35-8A).

CMF officials say that using these building blocks, an evaluation framework was developed that would be fair and objective, while still taking into account important qualitative factors that affect a visitor's experience on a website.

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